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| Walton on the Park South, Chicago, IL |
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| Jerry Goldner |
CHICAGO, IL (March 31, 2014) - Gold Coast rental condominium
tower, Walton on the Park South, and an adjacent 17,180-square-foot
development site zoned for 261 residential units, have been acquired by Miami
developer, Crescent Heights Inc.
Located at 2 W. Delaware St. in Chicago, the sale included
160 units of the 201-unit high rise and the neighboring parcel.
An unsolicited offer was generated by Jerry Goldner,
vice president of investment sales at SVN | Chicago Commercial, who represented
the purchaser in the transaction. Goldner a 34-year veteran of the Chicago
commercial real estate market, was also the sole broker of Cityfront Center
Plaza Phase II, now referred to as the Optima Chicago Center.
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| Kevin Maggiacomo |
Kevin Maggiacomo, CEO of Sperry Van Ness, who is
familiar with the details of this transaction, confirmed it is the single
largest deal transacted in the firm’s history.
Sperry Van Ness, LLC is a national full-service commercial
real estate advisory firm located at 940 West Adams Street in downtown Chicago.
The platform provides Sales, Leasing, Property Management and Auction Services.
312.676.1866. For more information, please visit www.svnchicago.com
For a complete copy of the company’s news release, please
contact:
Mark Thomton, markthomton@taylorjohnson.com,
312-267-4523
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